Law & Business

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Rutter Award

UCLA School of Law press release: Stephen Bainbridge, the William D. Warren Professor of Law, was honored with the 2008 Rutter Award for Excellence in Teaching, which is presented annually to a professor who has demonstrated an outstanding commitment to teaching. …Continue Reading...

Wednesday, May 07 2008

Pre-Order “The New Corporate Governance”

You can now pre-order my next book, The New Corporate Governance in Theory and Practice, from Amazon. I’m told the book should ship in about 6 weeks.

Wednesday, May 07 2008

Director Elections and the Influence of Proxy Advisors

In some quarters, there has been growing concern about the power of proxy advisors such as Institutional Shareholder Services (ISS), Governance Metrics International (GMI), and others (e.g., Green Street for REITs). The groups publish corporate governance ratings of public companies and …Continue Reading...

Wednesday, May 07 2008

Market Responses to Name Changes

Remember when Boalt UC Berkeley spent all that money on coming up with a new brand name? I couldn;t help being reminded of that episode when I read a new paper, Price Reactions to Corporate Name Changes, which finds “name changes …Continue Reading...

Wednesday, May 07 2008

Congrats to Troy Paredes

CNNMoney.com: President George W. Bush on Tuesday nominated Washington University Law School professor Troy Paredes to the Securities and Exchange Commission, If confirmed by the U.S. Senate, Paredes would replace Paul Atkins, a Republican SEC commissioner who announced Monday that he …Continue Reading...

Tuesday, May 06 2008

Yahoo and Blasius

We noted earlier that Yahoo used a strategic partnership with Google as a poison pill to fend off Microsoft’s bid. From Law.com we get more details, which offer an interesting twist: Legal observers say it was a clever delay tactic by …Continue Reading...

Tuesday, May 06 2008

Ribstein on Microsoft-Yahoo

Larry ponders four questions.

Monday, May 05 2008

Could Yahoo Shareholders Successfully Sue over Microsoft Retreat?

Gordon Smith thinks it would be a loser. I agree that it’s a tough claim to frame.

Monday, May 05 2008

Wine & Food

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Sanford Pinot Noir Sanford & Benedict Vineyard (Santa Rita Hills) 2001

A couple of years ago, I wrote that this wine was: ...a very fine Pinot, but its firm acidity and potent - albeit well-integrated - tannic backbone mandate some additional cellar time for it to fully develop. With two additional years …Continue Reading...

Saturday, May 03 2008

Spottswoode Family Estate Grown Cabernet Sauvignon (Napa Valley) 2004

A brilliant success. The huge bouquet sends perfume cascading around the room. The flavors are intense and deep, but when paired with a rich sauce (buffalo sirloin steak au poivre) it has enough acidity to be refreshing. The tannins are present …Continue Reading...

Friday, May 02 2008

Who wears stiletto heeled peep toe pumps to a vineyard?

Somebody who hangs out with David Beckham. Not too forget Posh herself.

Wednesday, April 30 2008

Robert Mondavi Cabernet Sauvignon Reserve (Napa Valley) 1990

At age 18, inspection of the bottle offered worrisome signs, as there was evidence of minor seepage under the foil. Plus, the cork was deeply stained. As it turned out, however, the wine was truly exceptional. It’s thrown an immense amount …Continue Reading...

Saturday, April 26 2008

Ridge Geyserville (Sonoma County) 2001

When last noted in 5/2006, I opined that this wine was “Drinkable now, but unusually firm tannins still need some time to resolve.” With two more years of bottle age, the 2001 Geyserville now stands as a brilliant example of what …Continue Reading...

Friday, April 25 2008

Spottswoode Sauvignon Blanc (Napa Valley) 2006

A splendid white wine. Honeydew melon and freshly mown grass. Crisp but not aggressive. Grade: B+

Thursday, April 24 2008

Buying Older California Cabernets

There’s an interesting article in today’s LA Times on buying older, pre-cult California Cabernet Sauvignons: In this overheated atmosphere with collectors from all over the world vying for the big names in old wine, one corner of the wine market—California Cabernet …Continue Reading...

Wednesday, April 23 2008

Thought for the day

BBQ unfortunately is bad for you, but nobody wants to live forever, especially if it means not getting to eat steaks that are slightly charred on the outside and red and bloody inside.

Tuesday, April 22 2008

Punditry

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In Defense of Corporate Lawyering and Making a Lot of Money

In my essay, Reflections on Twenty Years of Law Teaching: Remarks at the Rutter Award Ceremony, I took advantage of the captive audience at the award ceremony to argue that: Legal education pervasively sends law students the message that corporate lawyering …Continue Reading...

Thursday, May 08 2008

The Imperfectibility of Human Institutions - Even America

In his speech following his impressive win in the North Carolina primary, Barack Obama said: I believe in our ability to perfect this union because it’s the only reason I’m standing here today. Setting aside the question of whether the adverbial …Continue Reading...

Thursday, May 08 2008

Trojan Silliniess

James Joyner: Seen whilst driving home: A Virginia “Friends of Tibet” license plate with the vanity inscription “UCLA SUX.” Presumably, a USC fan. Just for that, I’m going to watch the Beijing Olympics after all.

Wednesday, May 07 2008

In the Event Hillary’s Really Finished

You know how Larry the Cable Guy says, “Lord, I apologize for that right there, and please be with the starvin’ pygmies down there in New Guinea, A-men” ? Ditto.

Wednesday, May 07 2008

Is HRC Really “Dead”?

Dan Drezner: In the wake of Hillary Clinton’s presidential campaign being declared effectively dead by one and all, it is worth reflecting on what she gained by staying in the raise for the past two months and change. He goes on …Continue Reading...

Wednesday, May 07 2008

McCain’s Justice Advisory Committee

John McCain has announced his Justice Advisory Committee and its full of a diverse set of high powered legal minds that will make both social and economic conservatives happy. Starting with Ted Olson and Sam Brownback as chairs. Scattered through the …Continue Reading...

Wednesday, May 07 2008

McCain v Obama on Judges

Jennifer Rubin: In the back and forth between John McCain and the Democrats over today’s speech on judges, Barack Obama’s campaign chief uttered this unintentionally incriminating comment: Barack Obama has always believed that our courts should stand up for social and …Continue Reading...

Tuesday, May 06 2008

Was the Deal with Google Just a Yahoo Ploy?

From the Washington Post: Reuters reports that a planned ad deal between Yahoo and Google (NSDQ: GOOG), which just last week was made to sound like an inevitability, might not be quite so done. Now that Yahoo doesn’t have Microsoft breathing …Continue Reading...

Tuesday, May 06 2008